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Managing finances key on way to financial well-being

Time flies by – whether we’re busy or not, aware or unaware. However, what remains is how we move forward to ensure that we and our families have a secure future by saving. ....

South Africa , Doret Jooste , Standard Bank , Mashabas Sowetan Co Za , South Africa , Owetan Live , Ood Life , Reaking News ,

Take advantage of #BlackFriday to make the most of the Festive Season and Januworry

Paul Stevens, CEO of Just Property, shares his thoughts on some of the challenges and opportunities that lay ahead during 2023. ....

South Africa , South African , Doret Jooste , Standard Bank , Black Friday , Money Management , Advisory Enablement ,

How to get started with your emergency savings fund

The cost-of-living crisis means that having access to emergency savings has never been more important. The key is making the decision to start saving and then automating the process. ....

South Africa , South Africans , Doret Jooste , Standard Bank , Cost Of Living Crisis Doret Jooste Emergency Savings Financial Literacy Neesa Moodley Personal Finance Month Standard Bank ,

Managing Your Money To Work For You In Your Retirement Years


iAfrica
1 hour ago
4 min read
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With the increased cost of living, managing your money in your retirement years can be considered  a challenging exercise for many. In most cases, as a retiree, you only have the money you receive from your retirement package to stretch throughout the month which requires a shift in your money management approach.
Running out of money during one’s retirement years, is a prime concern for many seniors. And although people do have reasons to be concerned with the global economic pressures and increased cost of living, with proper financial planning and sound money management tools to manage your monthly spend, one can lessen the risk of running out of money in retirement.  ....

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Less than 6% of middle-income customers have sufficient emergency savings, says FNB


Why it’s important to have emergency savings, and how to do it
12 May 2021 - 10:04
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Starting with putting R50 or R100 towards your savings goal is a good way to get going as this money will grow over time.
Image: 123RF/Lightfieldstudios
Having savings on hand is one of the most effective ways of building financial resilience, and cope with any unexpected event or circumstance that life throws our way. Unfortunately, as Covid-19 and the national lockdown revealed, few South Africans have emergency savings on hand, and had to make do with lower or a loss in income for a few months.  ....

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